Kapil Chit Funds Complaints & Reviews

I have invested in your chit for 50months at kapil chits koasta ltd, vedayapalem, nellore and during the last part of the chit period, your officers called me and requested to invest in deposit for 1year with their branch by participating in the auction. Accordingly, i have participated in the auction and signed for investment for 1 year and due date is 04.04.2018. After completion of chit, they have returned the bond and surprisingly noticed...

This is kiran, i had chit in ghatkesar branch, i have lifted the chit in the month of january 2018 with the value of 2 lakhs they promised me to release the amount in 15 days, it's been 4 months but not received the amount yet, nobody is responding from the branch even branch manager mr sai kumar,

Branch manager saikumar number [protected]

My chit number is fgts01g-11

Kindly do the needful and...

Sir, i have auctioned kapil chit bearing no:fgtl02j-5 for the amount rs 5000/- at ghatkesar branch on 28.02.2018. So have to get rs 4, 53, 600 and 3 months interest. The branch manager mr sai reddy promised to pay amount on 20.04.2018 but he failed to pay till date. I have approched rm mr madhu sudhan reddy/ mr indira reddy but they are also promised to pay on 30.04.2018 and failed to pay. After 3.5 months also i have not received. My financial...

N. Siva naik
I am holding an chit no: fkat30-j-48 at hyderabad ashok nagar branch. I raised my chit in the month of jan-2018 for an amount of rs. 5, 00, 000 /-i submitted all the surities and till now i did not receive any amount or there is no response from the branch manager. It is almost 120 days after claiming my amount.
Hence i request you to pay the entire chit amount as early as possible
Thanking you...

My chit is at macherla branch and lifted in the month of february. Documentation completed in first week of march. They told that i will get money by march 15. Still i didn't get my money. Everday they are saying tomorrow. Tomorrow again they are saying something. Kindly help me. Head ofice people and registered office people are not responding. Manager is very careless. He is talking rude. I warned him i will complaint but he simply told...

I have a chit account in boduppal branch. The manager name is amarender, i have lifted my chit 42 days back. They have forced me to deposit the half of chit value in the kapil chit funds so that they will give the cheque in 15 days of time. And i have been calling the manager and staff everyday but every day they are saying some or other reason. If a branch cant give 20 lakhs chit why are they are running the compnay. Just to suck our blood....

Respected sir/madam,

I am holding an chit no: fagt02h-10 at avanigadda branch of krishna dt. I am a prized subscriber. I raised my chit in the month of jan-2018 for an amount of rs. 2, 40, 000 /-i submitted all the surities and till now i did not receive any amount or there is no response from the branch manager. It is almost 100 days after claiming my amount.
I written a letter to the branch manager asking him to cancel...

My wife Gajjala Anitha is having chit of Rs.5, 00, 000 /- in Madikonda branch which is located in Kazipet, Warangal. Chit is lifted on 29th November 2017, all formalities of documentation completed in January 2018. Branch also received cheque of awarded amount on 10th April 2018 after following up more than 20times. But Manager is not credited cheque to my wife's account. He is saying that there are no funds. We are vexed with him. Please...

My wife holding the chit account no fgtt06p-3 in kapil chits in guntur arundulpet branch since 25 months and have been paying all the installments on time. My wife chit was lifted the 30 december 2017 i am completed all the required documents but the kapil chits representatives have not completed the process on time and asking for two more suruty totally they asked 6 suretys and 2 lacks liquid cash surety and five blank checks this all fraud...

Sir,
I manku sanyasirao with fppt18h-20 as my chit number, chit value -3, 00, 000/-, installments -50 in parvathipuram kapil chits (Kosta) branch, vizianagaram (Dt), a. P, india. I participated in the auction held on dt 29.11.2017 prized subscriber against our bid offer for rs.53, 000/- i submitted all my sureties and guarantees that as demanded by the kapil chits manager in the month of 12/2017 to draw the prized amount. The manager...

I am a kapil chit fund shankarmat branch old customer and my issue is from branch manager mr. Venkat ramulu and zonal manager mr. Ranga reddy are delaying to pay my chit amount from last 2 months and not responding my calls, and they have given open statement that they don't have funds, they are many people are suffering from same issues.

Kindly do the needful.

Thank you.....

I don't know what is the issue with kapil chit charging unnecessary amount i have paid 1, 30000 but they have updated 1, 13000
and once more i have paid 50000 but they have updated 34, 000
the managers are very irresponsible and uneducated fools using bad words on customers and when i have prized they have given an amount after 2 months....

Hi,

I am suresh seema, from last 3.6 years paying 10 lacks subscription.
Monthly paying avg of 17k per month. 3 months back i planed to took the money so i went to chat and i won on jan month. After that they ask for 4 govt govt months security and they have asked the my 3 years it documents.
But till money around 8 lacks 26 thousands has to be deposited in my account.
But there is no response from managers,...

Name: gullipalli krishna, chit no: fskt05p-6, auction date: 28/02/2018, chit value:10 lakhs. For the above chit number surities have been submitted and verification already over long back. But still check is not released even though everything is submitted. Branch office: srikakulam. Kindly release the amount at the earliest as i am in very much need for my sister's marriage....

I have provided all documents including 3 witness documents but amount not credited. Since 3 months i have been following. I paid amount in wanaparthy branch. I am keep on fallowing with them but they are saying different reasons not sure why they are saying like this. They are saying that issue with the witness provided by me this witness went to legal as he has given witness earlier to some one when i checked with them they cleared every...

I d laxman rao have lifted the chit on 29th of january the bid in respect of my chits no. Fbtt03j-44. Begumpet branch but still the bid amount is not paid till now. And mr venkatesh reddy telling today and tomorrow since more than 75 days. I have recorded and i[censored] want i will send all conversations with branch manager vekateswar reddy (U will know better how many dates they postponed)

With utmost trust we have chosen the kapil...

Respected sir/madam,
I faced this issue in "kapil chit funds pvt. Ltd 12-4-2 mm complex,
531001, anakapalli, visakhapatanam, andhrapradesh"
This is kappiri someswara rao one of the customer at your kapil chit funds. I use to have very good relation with kapil chits since 2011. But unfortunately i lost my belief on it due to the issue that i'm facing now with kapil chits branch at my locality. I had a paid for 5, 00,...

Chit No GHWT11J-46 in the name of D Srinivasa Rao
Auctioned in the month of Dec 2107 So far amount not paid even after numerous calls telephone requests
The Branch manager Gajuwaka misleading by saying I will pay tomorrow today bank holiday I have not gone to bank, I am not in Office.
Also He has directed Rs. 119260 from earlier chit without my permission and opened 2 chits without any application
in this regard...

It is bring to your kind notice that iam having a chit in your company and it bidded on 02 march 18 and branch manager praveen reddy marredpally branch assured me to give the cheque on 2nd april but he was failed and not responding to my phone call. This was taken to the notice of regional manager sampath reddy and he assured me at any cost he will handover cheque by 11th april 18 still now both are not responding to my phone calls and avoiding...

Hi sir,

I have lifted kapil chit in kodad branch (Nalgonda dt) on 20th december 2017, its been near to 4months now, i have submitted all the sureties as well but the amount is not given. Several times i visited to the branch and tried to call the branch manager (Kushal reddy) regarding my amount. But they are telling me cock and bull stories. First of all he is not eligible to be a manager. Because he should have minimum responsibility...